OP: If you're really serious about the car, do your self a favor and spend he $150 bucks on a pre-purchase inspection. That's step 1. Actually, that's used car buying 101. If you're not willing to shell out the $150 to find out what is wrong before you buy, then the comments about your financial statement weren't unfounded.
Step two is taking the laundry list of items that a $6500 e39 M is going to have to realoem.com and pricing out the parts. FYI: 1 ignition coil costs $65 at TRM. Plugs> $15. You'll need 8 of each.
Step three is estimating labor and adding that to the parts total. If that number, plus your acquisition cost comes in below what you reasonably expect to get for the car upon selling, then sure go for it. But considering it will cost around $800 to change plugs and coils, I suspect you'll be in the red before you know it.
Step two is taking the laundry list of items that a $6500 e39 M is going to have to realoem.com and pricing out the parts. FYI: 1 ignition coil costs $65 at TRM. Plugs> $15. You'll need 8 of each.
Step three is estimating labor and adding that to the parts total. If that number, plus your acquisition cost comes in below what you reasonably expect to get for the car upon selling, then sure go for it. But considering it will cost around $800 to change plugs and coils, I suspect you'll be in the red before you know it.

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